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Lakeshore Mall Sells for $14M

BV Belk Properties Acquires 398,000 SF in Sebring
By Justin Sumner
CoStar News
May 12, 2014 | 6:57 P.M.

CBL & Associates Properties, Inc. sold the Lakeshore Mall at 901 US Hwy 27 N in Sebring, FL to B.V. Belk Properties, Inc. for $14 million, or about $35 per square foot, with a 9% CAP rate.

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